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TrueBlue, Inc. (NYSE: TBI) is a premier provider of staffing, recruiting, and workforce management solutions, supporting a diverse range of industries including construction, energy, manufacturing, financial services, pharmaceuticals, transportation, and aviation. TrueBlue assigns as many as 100,000 individuals to work daily, drawing from an extensive database of candidates, and places over 250,000 people in permanent positions annually.
The company's operations are structured into three main segments:
- PeopleReady: Specializes in industrial staffing services, offering on-demand labor solutions to meet immediate workforce needs.
- PeopleManagement: Provides contingent, on-site industrial staffing and productivity-based services, catering to clients' specific operational requirements.
- PeopleScout: Offers a range of recruitment process outsourcing (RPO) services, talent advisory, and managed service provider (MSP) solutions, helping organizations streamline their hiring processes and achieve better talent outcomes.
Recently, TrueBlue's research through PeopleScout, in collaboration with Spotted Zebra, revealed that 90% of HR leaders believe that half of their workforce will need reskilling in the next five years. Despite this, only 7% have active reskilling programs. The study highlighted the critical need for skills-based talent acquisition and management strategies as global labor trends evolve due to automation, AI adoption, and other technological advancements.
TrueBlue remains a trusted advisor to numerous clients across various sectors, addressing the widening skills gap and emphasizing the importance of future-focused skills strategies. In 2022, TrueBlue served 84,000 clients and connected approximately 611,000 people to work. In 2023, the company served 67,000 clients, connecting around 464,000 people to job opportunities.
The PeopleReady segment is currently gearing up for the summer hiring surge in the hospitality industry, connecting businesses with qualified workers for major events like the Indy500, NBA Finals, and U.S. Open, among others. With a comprehensive presence in more than 600 markets across the U.S., PeopleReady's JobStack app allows job seekers to find work conveniently from their mobile devices.
TrueBlue (NYSE: TBI) will announce its first quarter 2022 earnings after the market closes on April 25, 2022. Management will host a webcast to discuss the results at 2:30 p.m. PT on the same day. The webcast and financial presentation will be accessible on TrueBlue’s website. In 2021, TrueBlue connected approximately 615,000 people with work, providing specialized workforce solutions through its PeopleReady, PeopleManagement, and PeopleScout segments.
PeopleReady, a staffing service under TrueBlue (NYSE: TBI), reported strong job market activity with 8 million new job postings in the last month, including 1 million in the past week. The most in-demand roles are in hospitality, construction, and support services, showing significant growth rates such as 100% for cooks and 94% for food preparation workers. To aid job seekers, PeopleReady is hosting nationwide hiring events and offering access via their JobStack app. Additionally, employees in April can enter their Work, Win, Drive sweepstakes with prizes over $100,000.
PeopleScout executives Cindy Cutaia and Sarah Murphy were honored as 2022 Influential Women by the Recruitment Process Outsourcing Association during its second annual awards ceremony held on March 8. Cutaia, COO at PeopleScout, has over 20 years of experience in talent acquisition, while Murphy, Senior VP of Client Delivery, has successfully managed substantial hiring projects. The awards acknowledge the significant contributions of women in RPO to their teams and organizations. PeopleScout maintains a strong 97% client retention rate and operates globally from multiple locations, including Chicago.
TrueBlue (NYSE: TBI) announced that CEO Patrick Beharelle and CFO Derrek Gafford will present at the Sidoti Virtual Investor Conference on March 23, 2022, at 12:15 p.m. Eastern Time. The event will be accessible via a live webcast on TrueBlue’s Investor Relations website. TrueBlue specializes in workforce solutions, connecting approximately 615,000 people with work in 2021 through its segments: PeopleReady, PeopleManagement, and PeopleScout.
The demand for restaurant and food workers has surged, with job postings increasing significantly as mask mandates end in many U.S. locations. An analysis by PeopleReady indicates that postings for waiters and waitresses rose by 31%, bartenders by 28%, and host and hostess positions by 23% over the last 30 days. The staffing firm highlights a recovery in the restaurant industry while noting ongoing staffing shortages. To address the rising need for workers, PeopleReady is hosting nationwide hiring events and offers job opportunities through its JobStack platform.
TrueBlue has announced that two of its leaders, Taryn Owen and Carl Schweihs, have been included in Staffing Industry Analysts' 2022 North America Staffing 100 list. Taryn, responsible for PeopleReady and PeopleScout, has significantly enhanced digital transformation and placed around 550,000 workers in 2021. Carl, leading PeopleManagement, focuses on bridging talent gaps in the supply chain. Both executives have contributed to their divisions being named Top Workplaces in the USA for two consecutive years. TrueBlue connected approximately 615,000 people with work in 2021.
PeopleScout has been awarded a Gold honor in the 2022 AVA Digital Awards for the Q3/Q4 2021 issue of PeopleScout NEXT, a publication focusing on talent acquisition and workforce management. Additionally, it received an Honorable Mention for its digital recruitment marketing campaigns. The recognition underscores the publication’s contribution in providing valuable insights to talent leaders. Since its launch in 2018, PeopleScout NEXT has garnered multiple awards, demonstrating its commitment to delivering high-quality content within the talent landscape.
On February 16, 2022, PeopleReady, a TrueBlue company (NYSE: TBI), reported a 13% rise in part-time and flexible job postings in the U.S. over the past month, driven by a worker shortage. These positions now comprise nearly 18% of all job listings. Notable job categories saw explosive growth, including pickup and delivery drivers (3,168% increase) and sales associates (963%). The company's JobStack app also experienced increased usage, with around 30,000 active business customers and over one million downloads by job seekers. Nationwide hiring events are planned to attract potential workers.
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